Here's a dogecoin mining rig for under $200!

(originally posted to /r/dogecoin, deleted and reposted here because the spam filter hates me)

Hello my fellow Shibes,

I understand some of you are poor Shibes but still would like to participate in our journey to the moon. Some of you know me and know I'm a rather hardcore scrypt miner and love to build rigs. Not every rocket to the moon has to be a four stage 290x megarocket. You can also get to the moon with a Saturn V if you know how to build it right:

QueenNonce's $195 rocket:

Go to lowes or home depot, you can get one of These style milk crates in many different colors for about $5

CPU: Sempron LE for $9

Mobo: this Asrock N61 for $30

PSU: Cooler master 460w $40 (in case you later want to go to two cards

Ram: 1GB ddr2 $6 shipped

GPU: Here is a radeon 6850 for $95 shipped, you could also use a 270x or any other gpu if you like, but we're going budget here

"Hard Drive" You can install a litecoin friendly version of ubuntu or any linux distro you like on this 16gb thumb drive for $10

I recommend you install splashtop streamer onto it or any other desktop streaming application which will allow it to be headless so you need not have a monitor/mouse/keyboard hooked up, saves more money and you can remote into it from any computer in your home (or phone/work/ect with splashtop).

So in total thats $195 for my rocket. This rocket can be given an additional GPU booster by purchasing a powered riser. I like these guys as they're cheap at $12 and the quality is good and they're domestic for americans so it arrived in like 3 days

Add on another one of those gpus plus the riser and we'd be at $300

So in short, thats a QueenNonce Dogecoin Rocket,

$195 for 250khash or $300 for 500 khash.

It should pull down approx 150 watts to 190 watts with one card and around 250-300 with two. YMMV with the wattage/settings.

At current dogecoin prices $195 is 145627.29 Doge.

At current difficulty, btc value, doge value computed with hashrate and electricity cost, this rig would pay for itself in 82.09 days.

I hope some of you Shibes find my post useful and join me on my flight to the moon! See you in orbit! =)

• QueenNonce

I was sent some pms since posting this. Yes thats my dogecoin address. Doges are always appreciated but not required. We all need fuel to make it to the moon so save your doge!

Its sha not scrypt, but check this out!

If you want to get into mining bitcoin but dont know anything about the hardware... There is a solution for you!

There is a website, Cex.io which allows you to purchase gigahash per second with bitcoin. The best part of this is that the "rental" is actually for life. Meaning if you buy 1 gigahash for 0.02 btc today you can mine with it on their site forever. As blocks are found users are paid for their Ghash, you can actually see the mining stats live on ghash.io.

As always, I recommend buying bitcoin through Coinbase, the safest way for americans and probably anybody to purchase BTC with a bank account. Take that btc, buy some ghash with it on cex.io and thats it, you're done, you're mining bitcoin without having to buy a ton of hardware and hook up cables all over your house. You're immediately paid when a block is found, and ghash.io does merge mining with devcoin, ixcoin and namecoin so you get all those added into your profits as well!

But the best part of this? When you've made back your investment and some profit and you've had enough, you can sell your ghash at the market rate and get paid for the hardware, being as you own it, its yours to sell. If you want, you can even have a real life miner shipped to your house if you've got sufficient ghash to account for it.

Cool huh?

Check it out here:

Litecoin named best investment of the year by Forbes

In case you didn't get the opportunity to see the article, Forbes did a report two weeks ago about the best investments of the year if you'd put your money in on Jan 1st 2013. They reported bitcoin as the best investment. This actually wasn't true...

http://www.forbes.com/sites/kashmirhill/2014/01/13/a-100-worth-of-litecoin-a-year-ago-is-worth-30000-today/

Looking to get into Litecoin mining?

http://www.ibuypower.com/Site/CoinMine

Ibuypower has been running a special this week on miners. You can build a machine for about a dollar a k/hash with their options which isnt too bad considering they come pre-built and are pretty simple for n00bs.